Grzegorczyk, Monika; Wolff, Guntram B. - 2022
The total market value of green bonds exceeded half a trillion dollars in 2021 and will increase to $1 trillion by the … whether investors price green sovereign bonds differently to normal sovereign bonds. We do not expect to find a so …-called ‘greenium’: the promise attached to green sovereign bonds is rather loosely defined and green and normal sovereign bonds are …